NOT LISTED FOR SALE

31 Beachwood E Isle of Palms, SC 29451

Estimated Value: $2,186,000 - $2,490,000

4 Beds
3 Baths
2,915 Sq Ft
$792/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $1,187,500 $407 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $14,473/month

400 Days on Market

About This Home

As of October 2020

ONLY 1 MINUTE and you're on the Beach! 31 Beachwood East an 80's beach house, with apprx.3,000 s.f., 4 bedrooms, 3 baths, 4 showers and is nestled into a Maritime forest. It's only a few steps from a beach path that puts you on the beach in 1 minute as you can see from the first listing picture.The home has been very well maintained, one owner with year round occupancy and has never been rented. Dream location for a second home or primary residence. 1 minute from the beach, 30 minutes from downtown Charleston, the number 1 Leisure Time city in theUSA, the far end of your supply chain.In between is culture, shopping, health care, education and services.Mt Pleasant is in the top ten fastest growing cities in USA. In Wild Dunes, (you've probably visited the property and used somethe amenities), and as a home owner, you can take or leave it . The drive in from the gate through the forest never gets old. There are over 450 single family homes in WD, and only 18 are on beachfront, this lot across the street from 2 of them.
The street is a majority of second homes, priced well over $500 to $800 s.f. The street is very private and quiet with no parking and no traffic. Accomplished neighbors. For most people the "on the beach lifestyle" is what they see on HGTV. When you have 24/7, 365, 4 seasons, 1 minute access on a whim allows you to shape your own beach lifestyle. For example; the location is a grand child magnet, they come and go safely as soon as they learn to walk. The "up from the beach" shower under the house works overtime. Your pet dog thinks he's died and gone to heaven. You know other pet owners by their dog's name first
Walking the beach at low tide alone or doing social walk & talks beats a treadmill. Beach bike riding with the wind at low tide, returning inland, is an experience bikers love. Put your umbrella and chair in your cart, get away from your TV screen, go down to the water's edge and read a book with often nobody within 50 yards. Everyday you have a front row seat to watch the sun and the clouds. Sunrises and sunsets evolve on the Carolina blue horizon. If there's any breeze you feel it, and the fall and winter seasons are spectacular. Your backyard is a shaded nature preserve with tons of birding and deer watching if you are inclined.

Last Agent to Sell the Property

Ashley Haynes

East Islands Real Estate License #13214 Listed on: 07/13/2019

Last Buyer's Agent

Mike Bork

Wild Dunes Real Estate, LLC License #97950

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2019
Closed on
Oct 12, 2020
Sold by
Lauder Douglas W and Lauder Margaret Anne
Bought by
Meredith Todd J and Meredith Karen S
Seller's Agent
Ashley Haynes
East Islands Real Estate
Buyer's Agent
Mike Bork
Wild Dunes Real Estate, LLC
List Price
$1,187,500
Sold Price
$1,187,500
Total Days on Market
400
Current Estimated Value
$2,307,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,120,264
Avg. Annual Appreciation
15.67%
Original Mortgage
$890,625
Outstanding Balance
$806,861
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,530,165
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Meredith Todd J $1,187,500 Weeks And Irvine Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meredith Todd J $890,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $1,187,500 0.0% $407 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
07/12/2019 07/12/19 For Sale $1,187,500 -- $407 / Sq Ft
Source: CHS Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $17,988 $78,000 $0 $0
2022 $15,488 $71,220 $0 $0
2021 $15,312 $71,220 $0 $0
2020 $3,286 $37,460 $0 $0
2019 $2,939 $32,570 $0 $0
2017 $2,850 $32,570 $0 $0
2016 $2,671 $32,570 $0 $0
2015 $2,863 $32,570 $0 $0
2014 $3,428 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 19020519

CHS Regional MLS

APN: 604-10-00-046